DataBreaches.Net

Menu
  • About
  • Breach Notification Laws
  • Privacy Policy
  • Transparency Report
Menu

BNY Mellon accused of leaking confidential client data

Posted on August 31, 2015 by Dissent

A press release from Novick & Associates, P.C.:

Another bizarre incident occurred in the ongoing litigation between the sons of renowned East Hampton sculptor Norman Mercer and BNY Mellon (BNYM), which is administering his estate, when the bank improperly turned over personal and financial information about its other trust account beneficiaries residing in the New York Tri-state area.

In its response to court ordered document discovery seeking the production of the minutes of the bank’s Trust Administrative Committee (TAC) meetings dealing with trusts established by the late Norman Mercer, BNYM produced TAC meeting minutes dealing with its other Wealth Management clients.

The information released included client names, account numbers, personal financial and family information in connection with requests for trust distributions as well as the bank’s decision on each request.  After discovering the bank’s mistake, the attorneys representing Howard and David Mercer immediately notified the bank’s outside legal counsel.

This was not the first time BNY Mellon’s incompetence resulted in the bank improperly releasing personal confidential information to the Mercers. The bank had previously turned over social security numbers, bank account numbers and financial information about its co-fiduciaries in the estate of Norman Mercer.

Norman Mercer’s sons, retired West coast businessmen, Howard and David Mercer, are engaged in an ongoing legal battle with BNY Mellon to protect their father’s legacy from the alleged incompetence, negligence and wrongdoing by the bank’s wealth management unit.

The press release does not indicate Novick & Associates’ connection to the case, but yes, they’re representing the plaintiffs.

Attempts to reach BNY Mellon corporate communications for a response were unsuccessful as their contact form did not work in Safari or Chrome attempts.

Related posts:

  • Commentary: Repeated insider breaches at TD Bank should trigger federal regulator investigation (update 1)
  • State Reaches Settlement With BNY Mellon
Category: ExposureFinancial SectorU.S.

Post navigation

← China and Russia are cross-indexing hacked data to target U.S. spies, officials say
Minnesota blames faulty web portal for breach of 18 residents’ driver’s license information →

Now more than ever

"Stand with Ukraine:" above raised hands. The illustration is in blue and yellow, the colors of Ukraine's flag.

Search

Browse by Categories

Recent Posts

  • Alert: Scattered Spider has added North American airline and transportation organizations to their target list
  • Northern Light Health patients affected by security incident at Compumedics; 10 healthcare entities affected
  • Privacy commissioner reviewing reported Ontario Health atHome data breach
  • CMS warns Medicare providers of fraud scheme
  • Ex-student charged with wave of cyber attacks on Sydney uni
  • Detaining Hackers Before the Crime? Tamil Nadu’s Supreme Court Approves Preventive Custody for Cyber Offenders
  • Potential Cyberattack Scrambles Columbia University Computer Systems
  • 222,000 customer records allegedly from Manhattan Parking Group leaked
  • Breaches have consequences (sometimes) (1)
  • Kansas City Man Pleads Guilty for Hacking a Non-Profit

No, You Can’t Buy a Post or an Interview

This site does not accept sponsored posts or link-back arrangements. Inquiries about either are ignored.

And despite what some trolls may try to claim: DataBreaches has never accepted even one dime to interview or report on anyone. Nor will DataBreaches ever pay anyone for data or to interview them.

Want to Get Our RSS Feed?

Grab it here:

https://databreaches.net/feed/

RSS Recent Posts on PogoWasRight.org

  • Germany Wants Apple, Google to Remove DeepSeek From Their App Stores
  • Supreme Court upholds Texas law requiring age verification on porn sites
  • Justices nix Medicaid ‘right’ to choose doctor, defunding Planned Parenthood in South Carolina
  • European Commission publishes its plan to enable more effective law enforcement access to data
  • Sacred Secrets: The Biblical Case for Privacy and Data Protection
  • Microsoft’s Departing Privacy Chief Calls for Regulator Outreach
  • Nestle USA Settles Suit Over Job-Application Medical Questions

Have a News Tip?

Email: Tips[at]DataBreaches.net

Signal: +1 516-776-7756

Contact Me

Email: info[at]databreaches.net

Mastodon: Infosec.Exchange/@PogoWasRight

Signal: +1 516-776-7756

DMCA Concern: dmca[at]databreaches.net
© 2009 – 2025 DataBreaches.net and DataBreaches LLC. All rights reserved.